Merrifield Real Estate News

Regional Headlines

Bank of America is paying more than $150,000 to settle with a Minnesota woman who said the bank discriminated against her based on her disability. "It was our dream to be able to raise our kids in the country," said Kathryn Letourneau, the Bank of America customer who brought the charge of discrimination to state officials.
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Home Stretch, a homebuyer workshop that takes participants through the entire home buying process, will be offered from 4-8 p.m. Home Stretch, a homebuyer workshop that takes participants through the entire home buying process, will be offered from 4-8 p.m. March 17 and 19 at the Greater Lakes Association of Realtors office in Baxter.
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I'm a staff writer at Forbes covering real estate: from ultra-luxury homes to foreclosures to the people making the deals happen. Until recently, I was a member of our Forbes wealth team, crunching numbers for our Forbes 400 and World's Billionaires lists.
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Mobile Realty Apps, a fast-rising real estate tech company in Minneapolis , said Monday it raised $1.8 million in a new round of venture funding and changed its company name to that of its main product, HomeSpotter. The company provides multiple listing service data customized to local markets for both real estate agents and firms, as well as consumers.
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National Headlines

Credit monitoring agency Equifax says consumer debt, including mortgage debt, rose to $1.529 trillion at the end of 2014. That was up 7.7 per cent from $1.42 trillion at the end of 2013, including a 1.1 per cent increase in the latest quarter.
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Only a third of young Chinese will accept a lower quality of life in order to buy a home. Photo: Xinhua Early last year, a girl born in the 1990s lectured China's biggest homebuilder, China Vanke, saying members of her generation would prefer not to buy a home at all.
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A flat owner sold a unit at the Apex in Kwai Chung at the weekend for HK$4.86 million after cutting the price by HK$140,000. Photo: Sam Tsang Hong Kong's housing sector is seeing a slow pullback due to an unclear outlook, given the possibility of further tightening measures from the government.
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Gordon Fox, who was Rhode Island's first openly gay legislative leader, today pleaded guilty to charges of bribery, wire fraud, and filing a false tax return, and he faces at least three years in federal prison, the Providence Journal reports. Fox, a Democrat who resigned as speaker of the Rhode Island House last year amid the investigation that led to the charges, made the plea in U.S. District Court in Providence today as the result of a plea agreement reached with federal authorities.
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